1886 1C Type 1, RB MS(PCGS#2155)

1886 1C Type 1, RB MS (PCGS#2155)

Spring 2025 Showcase Auction U.S. Coins

Auctioneer
Stack's Bowers
Lot Number
2149
Grade
MS65RB
Price
1,320
Lot Description
The more readily obtainable hub variety of the circulation strike 1886 Indian cent, the Type I Obverse has an estimated mintage of 10,000,000 pieces out of the 17,650,000 coins reportedly struck that year (this estimate per Rick Snow, 2014). Q. David Bowers (2006) provides an even more generous estimate for the 1886 Type I Obverse of 14,000,000 pieces produced. While plentiful in an absolute sense, Mint State examples seldom retain as much mint red color as seen in the present example; many of the planchets used for this issue are lightly colored and toned quickly. Even more seldom do such pieces offer solid Gem quality, further confirming this coin as a significant find for the astute bidder.
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